The Donald Trump administration has notified all countries engaged in trade negotiations with the U.S. to present their best offers by the 4th.
On the 3rd (local time), Karoline Leavitt, the White House spokesperson, noted during a briefing that "the Office of the United States Trade Representative (USTR) has sent letters to all our trading partners to remind them that the deadline is approaching."
This confirms the report from Reuters the previous day. Reuters previously reported that the USTR would send a letter instructing countries to make their 'best offer' by the 4th and would present the range for possible agreements after receiving responses from each country.
The Trump administration is trying to accelerate negotiations with major trading countries to finalize trade agreements before the reciprocal tariff deadline on July 8.
In response to a question about whether the negotiations are limited to reciprocal tariffs or include tariffs by item, the spokesperson stated, "Each country has its strengths and challenges depending on what market it has and what it exports to us," adding, "The president wants tailored agreements to be finalized."
Regarding China's compliance with the trade agreement, she stated, "The administration is actively monitoring China's compliance with the Geneva trade agreement," and added, "A dialogue between the leaders will take place very soon."
The Geneva agreement was the result of high-level trade talks between the U.S. and China held in Geneva on May 10-11, during which both countries decided to reduce tariffs by 115 percentage points (p) for 90 days, and China agreed to lift non-tariff measures it imposed in response to the U.S. reciprocal tariffs.
However, the U.S. is claiming a violation of the agreement, stating that "China has not lifted restrictions on the export of critical minerals and rare earths, contrary to the agreement made at that time."